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COTY

Coty Inc. reported Q4 and FY 2024 results, missing analyst estimates for both earnings and sales. Despite this, the company showed growth in Prestige and Consumer Beauty revenues. Coty provided strong guidance for FY 2025, expecting significant free cash flow and earnings per share growth.

Portfolio Pulse from Erica Kollmann

August 20, 2024 | 9:43 pm

FCNCA

First Citizens BancShares (NASDAQ:FCNCA) has significantly outperformed the market over the past 20 years, with an annualized return of 15.26%. A $100 investment in FCNCA 20 years ago would be worth $1,713.97 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 9:30 pm

ADBE

Adobe (NASDAQ:ADBE) has significantly outperformed the market over the past 15 years, with an annualized return of 20.93%. A $100 investment in Adobe 15 years ago would be worth $1,721 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 9:30 pm

BNED

IMMR

Immersion Corporation reported a significant increase in Q2 2024 adjusted EPS and sales, largely due to its acquisition of a 42% stake in Barnes & Noble Education. This acquisition has allowed Immersion to consolidate Barnes & Noble Education's financials, contributing to the impressive financial results.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 9:28 pm

NRG

NRG Energy has outperformed the market over the past 5 years, delivering an average annual return of 18.1%. A $1000 investment in NRG 5 years ago would now be worth $2,339.23, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 9:00 pm

BLD

TopBuild (NYSE:BLD) has significantly outperformed the market over the past 5 years, with an average annual return of 33.31%. A $1000 investment in BLD 5 years ago would now be worth $4,250.03, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 9:00 pm

TOL

Toll Brothers Inc (NYSE:TOL) reported strong Q3 earnings, surpassing analyst expectations with revenue of $2.73 billion and EPS of $3.60. The company saw an 11% increase in homes delivered and a 10% decrease in backlog. With favorable market conditions, Toll Brothers raised its full-year guidance.

Portfolio Pulse from Adam Eckert

August 20, 2024 | 8:59 pm

H

Hyatt Hotels plans to acquire the brands and most affiliates of Standard International, including The Standard and Bunkhouse Hotels, for a base price of $150 million, with potential additional payments of up to $185 million. Stabilized fees are expected to be $17 million, with potential additional fees of up to $30 million.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 8:51 pm

ALC

Alcon has updated its 2024 financial outlook, projecting EPS between $3.00 and $3.10, slightly below the $3.07 estimate, and revenue between $9.9 billion and $10.1 billion, aligning with the $9.96 billion estimate. The company maintains its core operating margin and tax rate forecasts while reducing interest expense expectations.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 8:36 pm

COTY

Coty has raised its FY25 adjusted EPS guidance to $0.54 - $0.57, surpassing the previous estimate of $0.44. The company also anticipates its FY25 free cash flow to grow to the low-mid $400 million range.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 8:34 pm